Chapter $10$: ABC Corporation makes a product with the following standard costs:

$\backslash$table$[[,\backslash$table$[[$Standard Quantity$],[$Or Hours$]],\backslash$table$[[$Standard Price or$],[$Rate$]],\backslash$table$[[$Standard Cost$],[$per unit of output$]]],[$Direct Materials,$4\mathrm{.}3$ pounds,$$6\mathrm{.}00$ per pound,$$25\mathrm{.}80$